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"Not enough jobs, not enough pay, not enough policy solutions," tweets Bill Gross in response to...

"Not enough jobs, not enough pay, not enough policy solutions," tweets Bill Gross in response to the jobs report, cryptically adding, "10-year Treasury to stay below 2% until June 30. After that?" Is Bill Gross trying to warn people out of Treasurys again?
Comments (8)
  • Tack
    , contributor
    Comments (12768) | Send Message
     
    We have too many "policy solutions," too much regulation, too much do-gooder socialism, too much everything Government, and not enough private-sector activity. Gross has no more understanding of what's required than Krugman, both of whom see Big Government as the center of the universe.

     

    It might be added that Gross mouths so many inconsistencies, changing his supposed position every other week, that his credibility is laughable.
    4 May 2012, 10:39 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    The 10 year should go to 5-6%....it will not...they will announce a new program....
    4 May 2012, 10:41 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    Bill Gross, like most analysts, failed to read the preamble of the report. In it was a clear warning: "Some of the numbers in this report are fictional and have been compressed in order to preserve anonymity and to save space."

     

    "...and I danced with Miss America, briefly dated her, but ultimately decided Michelle was the love of my life..."
    From the Autobiography of Barry Berra
    4 May 2012, 10:44 AM Reply Like
  • 567335
    , contributor
    Comments (62) | Send Message
     
    Please explain:

     

    US economic recovery stalling -- with a reasonable chance of falling back into recession; No budget, tax, entitlement deal in sight -- which would mean a huge fiscal de-stimulus later this year; Europe in recession; China's growth slowing, etc.

     

    And this is the situation that is going to lead to higher interest rates?
    4 May 2012, 10:46 AM Reply Like
  • Storm Warning
    , contributor
    Comments (155) | Send Message
     
    C'mon, all those deals are political leverage. No one wants to close any of them until they can use every chance possible to maximize their power coming out of the deal.

     

    Just as the debt ceiling last year took until the last minute and then wasn't really solved, so will be the case again. That is politics, not economics, and definitely not "serve your constituency".
    4 May 2012, 11:24 AM Reply Like
  • 567335
    , contributor
    Comments (62) | Send Message
     
    You may well be right regarding Washington politics, but maybe not this time . . . . there's lot at stake in an election year.

     

    But even if you are right on the Washington angle, and the outcome is, at least in the short term a wash, there are other headwinds that are (fundamentally) economic: the US economy, the European economy, the Chinese economy, etc.

     

    A political deal in DC may help the market, but it's not going to substantially affect the world economy. Do you really think that (apart from governmental fiscal and monetary policy), there is any pressure anywhere that could give a big push to interest rates in the near to medium term?
    4 May 2012, 01:46 PM Reply Like
  • meixnerw
    , contributor
    Comments (2) | Send Message
     
    Well, this country is on the verge of bankruptcy and many people know it. Not, most of course, because most people are fairly stupid.

     

    The only fix is austerity as per Simpson/ Bowles.

     

    The GOP will not give in until they regain the WH. Ben must go after destroying the bond vigilantes. Savers are being punished, the only smart folks. Hello Mitt, goodbye Ben & Michelle.
    4 May 2012, 11:14 AM Reply Like
  • Bad Banker
    , contributor
    Comments (26) | Send Message
     
    Some people work for a living, some vote for a living...me, I'm going to contribute for a living.

     

    Placing a phone call to Barry & Michelle to do a fund raiser...need to get that EQ3 moving forward fast...If he wants our money he is needs to get ol' Ben moving!

     

    Need to get one more big pop up in stocks...need Cramer doing more BUY BUY BUY!!! We got him on CNBC, MSNBC, NBC; we need him on ESPN.

     

    Got to find that bag holder...where is that retail buyer when we need him??

     

    BUY - BUY - BUY so I can SHORT - SHORT - SHORT!!
    4 May 2012, 01:19 PM Reply Like
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